ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Commodity Zero-Fee Gala
PANews reported on August 2nd that market risk sentiment was optimistic this week, as reports of a trade breakthrough between the EU and the US triggered a sharp rise inPANews reported on August 2nd that market risk sentiment was optimistic this week, as reports of a trade breakthrough between the EU and the US triggered a sharp rise in

Next week's macro outlook: New tariff red line triggers the "final battle"

Author: PANews
Source: PANews
2025/08/02 17:31
2 min read
RedStone
RED$0.1577+3.40%
Polytrade
TRADE$0.03331+2.14%

PANews reported on August 2nd that market risk sentiment was optimistic this week, as reports of a trade breakthrough between the EU and the US triggered a sharp rise in global markets. Consequently, the US dollar was strongly sought after, while the euro and yen fell significantly as the US trade position improved and funds rotated into US dollar assets. The confusing non-farm payroll report, accompanied by mixed revisions, impacted various asset classes. Bonds and gold rallied due to safe-haven demand. Gold surged $40 after the non-farm payroll report, erasing all previous losses and closing the week at $3,363 per ounce, up 0.79%. The following are key market points to watch in the new week:

Tuesday 21:45, the final value of the US July S&P Global Services PMI

At 03:10 on Thursday, Daly, President of the San Francisco Fed and a 2027 FOMC voter, delivered a speech.

At 20:30 on Thursday, the number of initial jobless claims in the United States for the week ending August 2nd

At 10:00 PM on Thursday, 2027 FOMC voting member and Atlanta Fed President Bostic will participate in a fireside chat.

At 23:00 on Thursday, the New York Fed’s 1-year inflation forecast for July

At 22:20 on Friday, 2025 FOMC voting member and St. Louis Fed President Moussallem will deliver a speech

The new tariffs will not take effect until August 7th, instead of the previous date of August 1st, giving countries another window to try to negotiate a reduction in tariffs. Furthermore, while two governors voted in favor of a 25 basis point rate cut, the overall tone of the statement and Powell's comments was very neutral, suggesting that while the Fed has left the door open for a September rate cut, it has not ruled out raising rates if higher tariffs and a tightening labor market lead to further inflation.

Market Opportunity
RedStone Logo
RedStone Price(RED)
$0.1576
$0.1576$0.1576
+0.57%
USD
RedStone (RED) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump’s SOTU Tariff Claim: The Surprising Catalyst Behind America’s Economic Resurgence

Trump’s SOTU Tariff Claim: The Surprising Catalyst Behind America’s Economic Resurgence

BitcoinWorld Trump’s SOTU Tariff Claim: The Surprising Catalyst Behind America’s Economic Resurgence WASHINGTON, D.C. – February 2025 – President Donald Trump’
Share
bitcoinworld2026/02/25 12:20
The Strategic Masterstroke Behind Hiring A ‘Director Of Crypto Flows’

The Strategic Masterstroke Behind Hiring A ‘Director Of Crypto Flows’

The post The Strategic Masterstroke Behind Hiring A ‘Director Of Crypto Flows’ appeared on BitcoinEthereumNews.com. Mastercard Crypto Payments: The Strategic Masterstroke
Share
BitcoinEthereumNews2026/02/25 12:01
We’re not being as forward-looking as normal

We’re not being as forward-looking as normal

The post We’re not being as forward-looking as normal appeared on BitcoinEthereumNews.com. Bank of Canada (BoC) Governor Tiff Macklem addressed reporters’ questions, offering insights into the central bank’s monetary policy outlook. His remarks came after the BoC lowered its interest rate by 25 basis points to 2.50%, a move that markets had broadly anticipated. BoC press conference key highlights Wage growth continued to ease. The preferred core inflation measures have been around 3.0%. Underlying inflation is running around 2.5%. Consensus to cut rates was clear. Attention now shifts to how exports perform. There are still some mixed signals on inflation. The Inflation picture hasn’t changed much since January. We’re not being as forward-looking as normal. The Bank of Canada considered holding the overnight rate steady. I have more comfort looking at the upward pressure on CPI. We will be assessing the impact of government announcements on targeted support and support for big projects. Inflationary pressures look somewhat more contained. If risks tilt further we are prepared to take more action. Will take it one meeting at a time. This section below was published at 13:45 GMT to cover the Bank of Canada’s policy announcements and the initial market reaction. In line with market analysts’ expectations, the Bank of Canada (BoC) trimmed its policy rate by 25 basis points, taking it to 2.50% on Wednesday. Investors’ attention will now shift to the usual press conference by Governor Tiff Macklem at 14:30 GMT. BoC policy statement key highlights Rate cut was appropriate given the weaker economy and less upside risk to inflation. On a monthly basis, upward momentum in core inflation seen earlier this year has dissipated. Disruption linked to trade shifts will continue to add costs even as they weigh on economic uncertainties. BoC says it will continue to support economic growth while ensuring inflation remains well controlled. Ottawa’s decision to scrap tariffs…
Share
BitcoinEthereumNews2025/09/18 05:17